Displaying items by tag: regulation
FCA plans to strengthen consumer protection
The FCA is to consult on plans for a new ‘Consumer Duty’ for regulated firms which will set a "higher level" of protection for consumers buying retail finance products and services.
FOS to increase its case fee to £750
The Financial Ombudsman is to increase its case fee by £100 to £750, according to its new budget and financial plans published today.
FCA appoints first chief data officer
The Financial Conduct Authority has appointed its first chief data officer among five new appointments announced today as it pushes ahead with its ambition to become a 'data-driven' regulator.
FCA throws out 343 regulatory applications
The FCA halted 343 applications for authorisation from firms and individuals in 2020 in a clampdown to protect consumers.
FCA adds 300 Brexit updates to website
The FCA has urged financial services firms to be ready for the end of the Brexit transition period on 31 December as it prepares to make 300 updates to its website.
FCA fines Financial Planner over pension transfer advice
Warrington-based LJ Financial Planning has been fined £107,200 by the Financial Conduct Authority (FCA) for providing its customers with unsuitable pension switching and transfer advice and failing to manage its conflicts of interest.
FCA reports adviser numbers up 4%
Financial adviser numbers have risen by 1,400 (4%) since the Retail Distribution Review (RDR) and the Financial Advice Market Review (FAMR), ending years of decline.
Investors lose £30m in care homes UCIS
The FCA has launched High Court proceedings against a company and two individuals over alleged links to care home investments which saw investors lose more than £30m in a UCIS.
New roadmap for regulatory initiatives is published early
The Financial Services Regulatory Initiatives Forum has brought forward the launch of its Regulatory Initiatives Grid to today.
TPR publishes new investment governance rules guidance
